An unqualified indorser who receives consideration for the indorsement impliedly warrants that:

Question

Quizplus · Accepted Answer

An unqualified indorser who receives consideration for the endorsement implicitly warrants that they are a person entitled to enforce the instrument, that all signatures on the instrument are authentic and authorized, and that the instrument has not been altered. This means that all of the above options are correct.

An Unqualified Indorser Who Receives Consideration for the Indorsement Impliedly